Thursday, August 30, 2007

Apollo Health Street buys US firm Zavata for $180 mn

Apollo Hospitals Enterprise Ltd's associate firm, Apollo Health Street Ltd, has acquired Atlanta-based Zavata for about $180 million, a company source said on Thursday.

Zavata is a healthcare-focussed business process outsourcing firm with about 1,000 employees, the source said on condition of anonymity.


The deal was funded through a mix of debt and equity, the source said. Apollo Hospitals owns 46 per cent in Apollo Health Street

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